It’s always disappointing when someone decides bitcoin isn’t any good. No matter how much the world’s number one digital currency has accomplished in the last few years, it seems there will always be doubters, and amongst them are Berkshire Hathaway executives Warren Buffett and his vice chairman Charlie Munger. Warren Buffett Still Hates Bitcoin At a recent shareholder meeting in Omaha, Nebraska, Buffett was quick to strike down bitcoin and comment about how weak it...
Read More »Crypto Trader Sentenced to 3.5 Years in Prison for $5 Million Fraud
The United States Department of Justice (DOJ) has sentenced a 25-year-old Rhode Island cryptocurrency trader, popularly known as Coin Signals, to 42 months in prison for defrauding over 170 people of more than $5 million. Coin Signals Trader Convicted According to an official press release, the convict, Jeremy Spence, had solicited funds from investors via several crypto investment pools, which he ran from November 2017 to April 2019. He created and managed several crypto...
Read More »Switzerland Is Trying to Aid Crypto’s Growth
Switzerland is a country that’s doing all it can to aid bitcoin’s reputation. The nation is home to the town of Zug, which hosts what’s known as “Crypto Valley,” a region that takes part of its name from Silicon Valley in northern California. Switzerland Is Doing All It Can for Crypto While the latter is known for housing some of the world’s largest tech companies – such as Facebook, Google, and Microsoft – the former hosts several crypto and blockchain firms that are...
Read More »Bitcoin-Preis bald 20’000?
Fällt der Bitcoin-Preis bald auf die Marke von 20-000 US-Dollar? Sicher ist, es herrscht Panik an den Märkten: Bitcoin Fear and Greed Index is 10 – Extreme FearCurrent price: $29,287 pic.twitter.com/KcdzHqbfb2 — Bitcoin Fear and Greed Index (@BitcoinFear) May 14, 2022 Bitcoin ist allerdings noch nicht im Mainstream angekommen. Daher ist der aktuelle Preiszerfall auch eine grosse Chance, gerade für Neueinsteiger. Denn viele machen den Fehler, und kaufen auf einem Allzeithoch. Dabei ist...
Read More »Pendule de Satoshi – Episode 8 – Tout ça n’est-ce pas juste de la spéculation en final ?
Animé par Seb et Yves Bennaïm (fondateur du groupe de réflexion 2B4CH), le Pendule de Satoshi c’est un podcast francophone consacré à Bitcoin. « 8ème épisode où on aborde au cours d’un grand détour les concepts nébuleux de la spéculation et de l’investissement (et pourtant on n’a pas abordé la moitié de ce qui aurait dû être discuté, comme l’économie déflationniste!). La blague dit que « Bitcoin...
Read More »Bitcoin Rejected at $30K, TRON and Polkadot Spike 4% (Weekend Watch)
After yesterday’s brief price surge to $31,000, bitcoin stalled and retraced back to below $30,000. Most altcoins are also slightly in the red today, except for TRON and Polkadot, both of which are up by around 4%. Bitcoin Failed at $31K No other word can explain what transpired last week better than “massacre.” Bitcoin stood close to $40,000 on May 5 before the bears took complete control over the market and pushed it south hard. At first, BTC lost $4,000 in a day before the...
Read More »Brazil’s Leading Financial Broker XP to Launch a Crypto Trading Platform
The Brazilian investment management company – XP Inc. – reportedly joined forces with Nasdaq to launch a cryptocurrency trading platform. Called XTAGE, it should go live by the end of June. Initially, it will enable investors to buy and sell bitcoin and ether. XP Thinks About the Next Five, Ten Years The latest organization to open up to the crypto industry is the largest broker in the country – XP Inc. According to reports, the company partnered with Nasdaq to launch a...
Read More »Dubai’s Emirates Airline Set to Embrace Bitcoin, NFT, and Metaverse
United Arab Emirates (UAE)’s leading flag carrier, Emirates Airline, is all set to dive into the digital asset space by leveraging cryptocurrencies, NFTs, and the metaverse. The entry is part of its strategy “to connect with customers in a faster and more flexible way,” said the report. Embracing Bitcoin, NFT, and Metaverse Emirates will start its foray into the cryptocurrency industry by soon introducing Bitcoin as a payment method. The company will also add NFT collectibles...
Read More »Nomura Launches Over-the-Counter Bitcoin Derivatives
Japanese financial services giant Nomura has launched bitcoin derivatives for its institutional clients. The first trades were executed by Cumberland DRW on behalf of Nomura on the CME. Over-the-Counter BTC Futures and Options Nomura’s over-the-counter bitcoin futures and options will be available to institutional clients. They will be non-deliverable and have to be settled in cash, media reports said. Talking about the partnership with Cumberland DRW, Nomura’s head of...
Read More »New York Mayor Eric Adams Wants to Toss the BitLicense
Eric Adams – the mayor of New York City – has suggested doing away with the dreaded BitLicense as a way of allowing New York to become more competitive in the crypto and blockchain worlds. Will New York Get Rid of the BitLicense? The BitLicense was first introduced in 2014. The document made things very hard for crypto companies seeking to establish presences in the Big Apple. It also made it very difficult for them to gain customers. Under the BitLicense, things became...
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